Trend Results : Tax Cuts for the Wealthy

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So Guess Who Pays for the Senate’s Tax Cuts for Corporations and Wealthy Americans?

For years I have been arguing that tax cuts for the wealthy are not as beneficial for the economy and the economic well-being of all Americans as are tax cuts for the non-wealthy. Those cuts would permit vast numbers of Americans toShow More Summary

Republicans’ New Tax Plan: Sabotage America’s Healthcare to Give the Trump Family Tax Cuts

5 days agoHumor / odd : Geekosystem

Republicans have found a way to pay for their $1 trillion in tax cuts for corporations and wealthy families: repealing the individual mandate and driving 13 million Americans off their health insurance.

Beware the fine print — a GOP tax cut for small businesses is more like a giveaway for the rich

The competing House and Senate tax bills differ in important respects, but they have this in common: a predilection to shower benefits on the very wealthy. The extraordinary reduction in the corporate tax rate to 20% is one obvious example. But the proposals’ true perversity, and the real object...

How The House GOP Tax Plan Soaks University Cooks, Custodians And Other Low-Paid Workers

The tax reform plan introduced by House Republicans eliminates a number of tax deductions to pay for a series of tax cuts that mostly benefit the very wealthy.

Seth Meyers can't believe Republican party's post-election tax plan efforts

Despite a rough outcome for Republicans after Tuesday's elections, they're still plowing full speed ahead on a plan to cut taxes for the wealthy.  On Thursday, Late Night host Seth Meyers mocked Republican efforts, including their decision...Show More Summary

Trump’s chief economist insists tax cuts for the ultra-rich will ‘trickle down’ to ‘a lot of people’

last weekNews : The Raw Story

White House economic adviser Gary Cohn defended Republicans’ proposed tax cut legislation on Thursday by explicitly saying that tax cuts for wealthy people will “trickle down” to the rest of the economy. In an interview with CNBC, Cohn said that middle-class families are getting a...

Trump/GOP tax cut plan biggest swindle in decades

2 weeks agoUS Politics / Liberal : BlueNC

Which of course requires that you lie about it: Given such overwhelming support for raising, not cutting, taxes on the wealthy, it makes sense that President Donald Trump and his allies in Congress would present their tax plan as benefiting the middle class rather than the rich. Show More Summary

House Republicans unveil tax plan to benefit corporations and the wealthy

2 weeks agoNews : The Newsroom

Donald Trump’s push for deep tax cuts reached a milestone on Thursday as his fellow Republicans in the House of Representatives unveiled a long-awaited plan which would benefit corporations and the wealthy but is less generous to the middle class. Show More Summary

Children paid for the failed Kansas tax cuts and they’ll pay for the GOP tax cuts, too

Congressional Republicans unveiled a plan Thursday to cut taxes for large corporations and wealthy individuals, transferring $1.2 trillion in benefits to corporations and estates over the next 10 years. The scheme looks a lot like the disastrous Kansas tax experiment pushed through by Gov. Sam Brownback (R) in 2012. And, like the Kansas plan, it’ll […]

Republican Tax Reform Bill Limps Across Starting Line

2 weeks agoNews : The Cutline

WASHINGTON ? Republicans prepared to finally unveiled their tax reform legislation on Thursday with a draft bill that would dramatically cut taxes for corporations and the wealthy.

The legislation would dramatically cut taxes for corporations and the wealthy.

2 weeks agoNews : Huffington Post

The legislation would dramatically cut taxes for corporations and the wealthy.

Robert Reich exposes Republicans’ tax cut ‘Trojan Horse’ for what it is — a con

2 weeks agoNews : The Raw Story

In the midst of news about special counsel Robert Mueller’s first and most recent indictments in his Russia investigation lies the ever-looming possibility of President Donald Trump’s proposed tax cuts for the wealthy. According to former Clinton Labor secretary Robert Reich, those...

What’s Hard For Republicans When it Comes to Tax Cuts

Treasury Secretary Mnuchin said that it's hard to avoid giving tax cuts to the wealthy.

Sarah Huckabee Sanders used an old chain letter about 10 people paying for beer to help explain Trump's tax plan

Sarah Huckabee Sanders told a story about tax cuts and a beer tab during Monday's White House press briefing. The story, which attempts to explain why benefits of a tax cut would mostly go to the wealthy, has been floating around the...Show More Summary

Republicans Fast-Track Tax Cut for the Wealthy That Increases Deficit by $1.5 Trillion

After years of railing against deficit spending, House Republicans voted on Thursday for a budget resolution that allows for $1.5 trillion of deficit spending to finance tax cuts. Nearly 80 percent of the cuts would go to the wealthiest 1 percent of Americans, according to an initial estimate from the nonpartisan Tax Policy Center. Every Democrat and […]

Rural Red Alert: Tell your representative to vote no on tax cuts for the wealthy

Both the U.S. House and Senate have passed their versions of a budget resolution, including “reconciliation” instructions to cut spending and pave the way for Congress to pass sweeping tax cuts for the wealthy with only 51 votes. While...Show More Summary

No, It’s Not Hard to Say No to Tax Cuts for the Wealthy

According to numerous reports, including this one from Bloomberg, Treasury Secretary Steven Mnuchin announced that, contrary to the President’s assertion that the Republican tax plan would not generate net tax cuts for the wealthy, the plan will include such cuts. Show More Summary

Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy

It is an insult to intelligence for Steven Mnuchin to claim that the Trump tax plan isn't a sop to the rich. That's the GOP's raison d'etre.

Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy

Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy Shortly before the inauguration, Steve Mnuchin discussed the incoming administration’s tax plans and announced the Mnuchin Rule–that “[a]ny reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class.”   EXCLUSIVE: […]

Seniors: Senate GOP Cuts $470 Billion from Medicare

Did you know the budget voted on by the Republican majority in the Senate cuts $470 billion from Medicare over the next ten years? This was done to help offset tax cuts for the wealthy, of course. It also cuts more than a trillion dollars from Medicaid. Medicaid pays most of the bills for the […]

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